renesas electronics news
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Renesas talking with foreign firms about sale of mobile phone chip unit (Reuters)
Tōkyō :: Japan | 2 months ago
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Journey Invite friends to discover what they are reading by connecting to Facebook. Connect with friends on Facebook and start sharing new and exciting content. Japan's Renesas Electronics Corp is in talks with foreign companies about selling the
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Technology › Renesas logs Y161.72 bil loss
Hitachinaka :: Japan | 3 months ago
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Struggling Japanese chipmaker Renesas Electronics on Friday posted a 161.72 billion yen net loss in the nine months to December, and chopped its annual earnings forecast by 17%. The company, a major supplier of microcontrollers used in automobiles,
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Renesas shares up on bailout deal
Toyota :: Japan | 5 months ago
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Renesas shares jump as it secures $1.8bn bailout Renesas has been hurt by increased competition and falling chip prices Shares of embattled Japanese chipmaker Renesas rose as much as 10% after it secured a 150bn yen ($1.8bn; £1.1bn) bailout seen as
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Japan's Renesas secures $1.8 billion government-led bailout (Reuters)
Tōkyō :: Japan | 5 months ago
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Japanese chipmaker Renesas Electronics Corp, hit by slumping orders and competition from rivals like Samsung Electronics Co Ltd, secured a 150 billion yen ($1.8 billion) lifeline from a government-led bailout on Monday. Renesas, the world's biggest
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Fujitsu to expand services sales as hardware slumps
Tōkyō :: Japan | 6 months ago
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The company, Japan's leader in computer services, is expanding the business in Europe and North America and plans to boost sales of services including cloud computing to corporate customers, Chief Financial Officer Kazuhiko Kato said in a recent
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Top shareholders refuse to accept Renesas employees
Hitachi :: Japan | 6 months ago
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The government-backed investment fund Innovation Network Corp. of Japan has been asking NEC Corp., Hitachi Ltd. and Mitsubishi Electric Corp. to take on the employees in exchange for its financial assistance to the ailing Renesas. The refusal by the
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Japanese government fund, companies to propose Renesas buyout plan this week
Hitachi :: Japan | 7 months ago
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Renesas is expected to accept the acquisition offer by the alliance led by the Innovation Network Corp. of Japan, which is willing to invest a greater amount in Renesas than Kohlberg Kravis Roberts & Co., a U.S...Renesas plans to make a final
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Japan Inc to save Renesas for $2.5 bn: report
Tōkyō :: Japan | 7 months ago
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Renesas with funding before the end of the year, paving the way for the firm to start afresh as a specialist in microcontrollers, the Nikkei said. The participating firms want to ensure stable supplies of high-quality microcontrollers used in cars
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DealBook: Cerberus to Sell $2.5 Billion Stake in Japanese Bank
Tōkyō :: Japan | 8 months ago
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The fate of a proposed $90 billion merger of the commodities trader Glencore and the mining company Xstrata may come down to who gets the corner office. The private equity firm will start selling its $2.5 billion stake in Japan's struggling Aozora
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Renesas Blow Doesn't Mean Japan Is Closed to Private Equity
Toyota :: Japan | 8 months ago
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Japan's private-equity market is tiny by global standardsone seventeenth of the size of the sector in the U.S., according to data from Dealogic. The government's apparent attempt to block KKR's $1.3 billion bid for struggling chipmaker Renesas
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